LAWRENCE ESTATES LAND COS
1568 SW 5th St, Miami FL 33135
$550,000
Est. Payment $2,927/mo
1
Days on Market
Description
Unmatched development opportunity on a prime 5,000 SQ FT lot (50ft X 100ft) zoned T4L; Build up to 3 stories with a baseline density allowing a sleek 4-unit luxury townhome pack or rental building to capture skyrocketing local rents.Luxury Single-Family + ADU: Design a modern urban estate with a legal ancillary dwelling unit (ADU) for immediate secondary income or multi-generational living.Tap into Little Havana’s booming tourism market. Perfect for a curated boutique hotel or an "Apartment-Hotel" concept optimized for Airbnb/short-term rental income. This lot is positioned strategically just off the world famous calle ocho (8th Street), approximately 3 minutes from Brickell, 5 minutes from I-95, and with immediate access to the 836 Dolphin Expressway. The property is also just a few blocks from LoanDepot Park (Marlins Stadium), placing it within one of Miami’s most connected and rapidly evolving urban neighborhoods. Little Havana continues to see strong residential demand due to its proximity to Brickell, Downtown, and major transit corridors — making this an ideal development opportunity for building and selling or longterm hold strategy.
Facts
- MLS#
- A12022548
- Subdivision
- LAWRENCE ESTATES LAND COS
- Property Type
- Land/Boat Docks
- Property Sub Type
- Residential
- Year Built
- —
- Lot Size
- 4,792 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 1 day
- Listed
- May 20, 2026
- Last Updated
- May 21, 2026
- Price/Lot Sq.Ft.
- $115/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
70
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/20/2026 | Listed for sale | $550,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Toussaint L'Ouverture ElementaryPK,KG,1,2,3,4,5 · public · 0.2 mi
The Cushman SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Morningside K-8 AcademyPK,KG,1,2,3,4,5,6,7,8 · public · 0.5 mi
Itech@Thomas A Edison Educational Center9,10,11,12 · public · 0.5 mi
World Mission Of Jesus Christ ChristianKG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Archbishop Curley Notre Dame High School6,7,8,9,10,11,12 · private · 0.6 mi
Shadowlawn Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.8 mi
Miami Edison Senior High School9,10,11,12 · public · 0.8 mi
Edison Park K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
Clara Muhammad School of South FloridaPK,KG,1,2,3,4,5 · private · 1.0 mi
Estimated Monthly Payment
$3,536/mo
Principal & Interest
$2,927
Property Tax
$458
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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